ASI may recover before heading to 6700 points

All Share Index was too fragile to sustain above 6800 points. As such had to give in to the Bears. Thus breaking it below 6800 to close at 6775.27 today.  There may be a slight relief tomorrow, OR the present downtrend could continue further. Therefore tomorrows performance will be critical to watch. Unfortunately
the pessimism is so severe which can be prevalent during the day. Any sentiment change relevant to our traders can change the tide to the positive, despite the pessimism that's around the World. There are many sectors in the Economy who can benefit from the present environment, but the prices suffer due to the sad set of affairs. A true bear market will come only if the index falls below 6500 points. Till then it will be a Correction, but a painful one.